Please & Thanks!

Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $13. At the start of January 2021, VGC's income statement accounts had zero balances and its balance sheet account balances were as follows: Cash $ 1,600,000 Accounts Receivable 174,000 Supplies 15,100 Equipment 930.000 Buildings 510,000 Land 2,050,000 Accounts Payable 113,000 Deferred Revenue 74,000 Notes Payablo (due 2025) 94,000 Common Stock 2,500,000 Retained Earnings 2,498,100 In addition to the above accounts, VGC's chart of accounts includes the following: Service Revenue, Salaries and Wages Expense, Advertising Expense, and Utilities Expense. The January transactions are shown below: a. Received $57750 cash from customers on 1/1 for subscriptions that had already been earned and charged on account in 2020. b. Purchased 10 new computer servers for $41,500 on 12; paid $11,500 cash and signed a three-year note for the remainder owed. c Paid $14,300 for an Internet advertisement run on 13. d. On January 4 purchased and received $5,300 of supplies on account e. Received $150,000 cash on 15 from customers for service revenue earned in January On January 6, paid $5,300 cash for supplies purchased on January 4 g. On January 7, sold 19,900 subscriptions at $13 each for services provided during January, Half was collected in cash and half was sold on account. n. Paid $380,000 in wages to employees on 1/30 for work done in January On January 31, received an electric and gas utility bill for $6.260 for January utility services. The bill will be paid in Februity Stmt of General General Income Requirement Retained Trial Balance Balance Sheet Journal Analysis Ledger Statement Earnings General Journal tab - Prepare the journal entries to record the transactions (a) through (1). Review the accounts as shown in the General Ledger and Trial Balance tabs. General Ledger tab - Each Journal entry is posted automatically to the general ledger. Trial Balance tab - The ending balance values from the General Ledger tab flows through to the Trial Balance tab. Income Statement tab - Use the drop-down to select the accounts properly included on the income statement. Statement of Retained Earnings tab - Prepare the statement of retained earnings for the month ended January 31, 2021. If there are no dividends, include a line that reports Dividends of zero. Balance Sheet tab - Prepare a classified Balance Sheet at January 31, 2021. Analysis tab - Calculate net profit margin, expressed as a percent. Regulament General Journal >